XERXES 7-18-31

XERXES 7-18-31 is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Bayswater Operating Company Llc. It has 1 wellbore on file with the Commission. Reported production runs from November 2024 to August 2026, totalling 288,778 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $1.0M, with roughly $229K expected over the next twelve months.

OperatorBayswater Operating Company Llc
FieldSpraberry (Trend Area)
CountyMitchell County, Texas
RRC district08
Lease number62737
Wellbores1
Reported production288,778 bbl
First reportedNovember 2024
Last reportedAugust 2026
Estimated royalty value$1.0M

Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.